| Construction | Everything built onsite | Built in sections at a factory, then combined onsite |
| Foundation | Slab or basement with concrete footings below frost line | Steel chassis anchored to concrete piers below frost line |
| Type of Financing | Conventional bank mortgage or Cash | Personal property loan or Cash |
| Financing Process | Many steps, often takes months | Easier, quicker process, no abstract and no inspection, can close in less than two weeks! Lenders include Green State, Cascade, and Triad. |
| Down Payment | 5-20%, depending on credit and desired interest rate | 5-20%, depending on credit and desired interest rate |
| Interest Rates | Varies based on the current treasury bond market | Starting about 1% higher than conventional mortgage rates (depends on credit and down payment) |
| Loan Duration | Typically 30 years, or shorter if desired | Typically 25 years, or shorter if desired |
| Property Tax and HOA Fees | About $5,000 property tax per year (for similar sized site-built home) HOA fees vary by neighborhood | About $300 property tax per year. Lot fee of $555 per month (subject to adjustments) which includes HOA services such as common area snow removal and landscaping maintenance, security cameras, and future possible amenities like a storm shelter, clubhouse, and walking/dog trails. |
| Insurance Costs | Comparable to similar sized manufactured home. | Comparable to similar sized site-built home. |
